CDSL Share Charge Targets 2024 to 2030: Central Depository Services (India) Limited (CDSL) is one of India's largest depository institutions, playing a vital role in supporting dematerialized securities and digital transactions in the Indian stock market.
CDSL's unique market position, growing investor base, and technological advancement provide a solid platform for its growth path over the next decade. In this article, we take a look at CDSL share charge targets 2024, 2025, 2026, 2027, 2028, 2029, and 2030, taking into account key monetary indicators, market dynamics, and institutional holdings.
CDSL Share Price Current Performance And Market Indicators (30 August 2024)
- Open Price: ₹1,431.15
- Today's Low Price: ₹1,405.00
- Today's High Price: ₹1,470.00
- Current Price: ₹1,453.05
- Market capitalization: ₹29.91K crore
- P/E Ratio: 62.38
- ROE: 28.64%
- Dividend Yield: 0.77%
- 52-Week Low: ₹553.68
- 52-Week High: ₹1,664.40
- Price Change Over the Past Year: +155.56% (₹882.80 increase)
CDSL has witnessed a strong price gain over the past year, with a spectacular 155.56% increase, increasing the stock by ₹882.80. Currently trading at ₹1,435.00, the stock is below its 52-week high of ₹1,664.40, indicating potential for additional upward movement provided market circumstances stay positive. However, the P/E ratio of 62.38 suggests that the company is expensive in terms of its profits, which may cause caution.
The comparatively low dividend yield of 0.77% indicates that the corporation isn't very concerned about dividend returns. Although these considerations, the stock's robust price momentum and significant market capitalization of ₹29.91K crore suggest strong investor confidence. Future sustainability and ROI would be determined by the company's profit growth and market sentiment, with the possibility for further increases. At the same time, investors should be cautious of volatility concerns given the current high valuation.
CDSL Share Price Target 2024
With the help of growing institutional involvement, a growing retail investor base, and ongoing dematerialization, CDSL is expected to attain a share price of ₹1,830 in 2024. The firm is likely to maintain significant profit growth due to its solid digital infrastructure and the Indian government's push towards a digital economy.
CDSL Share Price Target 2025
The expected price of CDSL's shares is ₹2,203. Constant technological development, higher transaction volumes, and growing encroachment into Tier 2 and Tier 3 cities are all contributing reasons. Revenues will probably increase as a result of the company's efforts to improve investor services and increase its clientele.
CDSL Share Price Target 2026
The target share price for CDSL is ₹2,452 in 2026. CDSL stands to benefit from the evolving change in the direction of online and mobile searching and selling systems as the digitization of financial products continues. It is anticipated that the launch of innovative services and goods and collaborations with fintech companies would put pressure on income growth.
CDSL Share Price Target 2027
The CDSL Share Price is set at ₹2,665 for 2027. Based on CDSL's strategic responsibilities to increase its market share in the neighborhood of the depository and diversify its sales streams, this accurate prediction has been made. Improved transaction capabilities, more market presence, and improved record-keeping skills would likely support this goal.
CDSL Share Price Target 2028
The target price for shares is ₹3,651. Growth is predicted to be driven by CDSL's capacity to win over a bigger portion of the expanding investor base, especially in rural and semi-urban areas. Furthermore, transaction volumes will increase due to individual investors' growing interest in and use of systematic investment plans (SIPs).
CDSL Share Price Target 2029
By 2029, CDSL is expected to have a purpose price of ₹4,321. CDSL's expansion will be fueled by the continued growth in the variety of demat money owed, as well as increased investor activity in the inventory market. The company's drive for innovation and customer service excellence will improve its marketplace feature.
CDSL Share Price Target 2030
The share price objective for 2030 is ₹5,090. By this time, CDSL is predicted to have established itself as India's premier depository, owing to increased financial knowledge and market involvement. Strategic collaborations, product innovation, and a focus on cybersecurity are likely to drive long-term growth.
About CDSL Company
Securities trading, holding, and transfer are made easier in India with the help of Central Depository Services (India) Limited (CDSL), a Market Infrastructure Institution (MII) that offers electronic services. Based in Mumbai, Maharashtra, CDSL was established in 1999. CDSL had more over 60 million active demat accounts as of February 2024, making it the biggest depository in India.
Share Price Performance Last 5 Years (2019-2024)
Here's some information about the Central Depository Services (India) Limited (CDSL) share price performance over the last five years:
- Sales growth: 33.29% over five years
- Profit growth: 33.91% over five years
- ROE: 27.61% over five years
- ROCE: 35.38% over five years
The share price performance of Central Depository Services (India) Limited (CDSL) over the last five years shows a strong upward trend. During this time, the firm had an important 33.29% increase in revenue and a 33.91% increase in profits. Also, its Return on Equity (ROE) is high at 27.61%, indicating effective use of shareholder capital.
The Return on Capital Employed (ROCE) is even greater, at 35.38%, showing the company's superior ability to create returns on capital. These measures indicate that CDSL has regularly generated high performance, implying a bright future for investors.
CDSL Shareholding
Promoter Holding (%) | 24.00% | 24.00% | 20.00% | 20.00% | 20.00% | 20.00% | 15.00% |
FII Holding (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.67% | 18.16% |
DII Holding (%) | 50.16% | 45.53% | 43.72% | 41.96% | 35.92% | 18.48% | 21.33% |
Public Holding (%) | 25.85% | 30.47% | 36.30% | 38.02% | 44.07% | 46.85% | 45.51% |
No. of Shareholders | 1,36,140 | 1,41,700 | 1,44,902 | 1,77,148 | 6,94,979 | 8,28,853 | 7,77,030 |
Metric
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Dec 2023
Promoter Holding (%)
24.00%
24.00%
20.00%
20.00%
20.00%
20.00%
15.00%
FII Holding (%)
0.00%
0.00%
0.00%
0.00%
0.00%
14.67%
18.16%
DII Holding (%)
50.16%
45.53%
43.72%
41.96%
35.92%
18.48%
21.33%
Public Holding (%)
25.85%
30.47%
36.30%
38.02%
44.07%
46.85%
45.51%
No. of Shareholders
1,36,140
1,41,700
1,44,902
1,77,148
6,94,979
8,28,853
7,77,030
Balance Sheet of CDSL
12 mths | 12 mths | 12 mths | 12 mths | 12 mths | |
EQUITIES AND LIABILITIES | |||||
SHAREHOLDER'S FUNDS | |||||
Equity Share Capital | 104.5 | 104.5 | 104.5 | 104.5 | 104.5 |
Total Share Capital | 104.5 | 104.5 | 104.5 | 104.5 | 104.5 |
Reserves and Surplus | 1,055.38 | 861.36 | 745.63 | 578.09 | 465.11 |
Total Reserves and Surplus | 1,055.38 | 861.36 | 745.63 | 578.09 | 465.11 |
Total Shareholders Funds | 1,159.88 | 965.86 | 850.13 | 682.59 | 569.61 |
NON-CURRENT LIABILITIES | |||||
Long Term Borrowings | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities [Net] | 15.66 | 2.46 | 3.74 | 0.76 | 0 |
Other Long Term Liabilities | 9.39 | 3.93 | 1.62 | 1.54 | 1.17 |
Long Term Provisions | 3.24 | 5.34 | 5.38 | 1.04 | 2.73 |
Total Non-Current Liabilities | 28.29 | 11.73 | 10.74 | 3.33 | 3.9 |
CURRENT LIABILITIES | |||||
Short Term Borrowings | 0 | 0 | 0 | 0 | 0 |
Trade Payables | 16.92 | 13.06 | 8.19 | 7.42 | 5.54 |
Other Current Liabilities | 171.98 | 137.13 | 138.85 | 125.92 | 59.21 |
Short Term Provisions | 25.96 | 20.4 | 18.62 | 14.18 | 15.5 |
Total Current Liabilities | 214.86 | 170.59 | 165.66 | 147.52 | 80.25 |
Total Capital And Liabilities | 1,403.03 | 1,148.17 | 1,026.52 | 833.44 | 653.75 |
ASSETS | |||||
NON-CURRENT ASSETS | |||||
Tangible Assets | 300.01 | 89.27 | 84.1 | 67.48 | 70.71 |
Intangible Assets | 24.28 | 19.98 | 18.66 | 3.46 | 1.31 |
Capital Work-In-Progress | 0 | 173.16 | 0 | 10.06 | 0 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 328.11 | 283.55 | 106.56 | 93.72 | 72.03 |
Non-Current Investments | 383.08 | 304.99 | 141.15 | 203.72 | 290.51 |
Deferred Tax Assets [Net] | 0 | 0 | 0 | 0 | 1 |
Long Term Loans And Advances | 0.02 | 0.06 | 0.04 | 0.05 | 0.12 |
Other Non-Current Assets | 28.05 | 24.15 | 19.16 | 12.53 | 11.21 |
Total Non-Current Assets | 739.26 | 612.74 | 266.9 | 310.03 | 374.86 |
CURRENT ASSETS | |||||
Current Investments | 521.7 | 434.61 | 575.38 | 372.43 | 233.92 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Trade Receivables | 30.72 | 23.43 | 27.75 | 10.36 | 12.03 |
Cash And Cash Equivalents | 44.62 | 58.4 | 126 | 114.17 | 23.85 |
Short Term Loans And Advances | 0.04 | 0.04 | 0.05 | 0.07 | 0.11 |
OtherCurrentAssets | 66.69 | 18.94 | 30.45 | 26.39 | 8.98 |
Total Current Assets | 663.76 | 535.43 | 759.62 | 523.41 | 278.89 |
Total Assets | 1,403.03 | 1,148.17 | 1,026.52 | 833.44 | 653.75 |
OTHER ADDITIONAL INFORMATION | |||||
CONTINGENT LIABILITIES, COMMITMENTS | |||||
Contingent Liabilities | 16.31 | 26.48 | 29.04 | 7.63 | 0.99 |
CIF VALUE OF IMPORTS | |||||
Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE | |||||
Expenditure In Foreign Currency | 0.2 | 0.24 | 0.04 | 0.04 | 0.3 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS | |||||
Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE | |||||
FOB Value Of Goods | -- | -- | -- | -- | -- |
Other Earnings | -- | -- | -- | -- | -- |
BONUS DETAILS | |||||
Bonus Equity Share Capital | -- | -- | -- | -- | -- |
NON-CURRENT INVESTMENTS | |||||
Non-Current Investments Quoted Market Value | 99.28 | 83.58 | 44.48 | 138.13 | 225.46 |
Non-Current Investments Unquoted Book Value | 191.72 | 129.12 | 14.36 | 3.28 | 2.74 |
CURRENT INVESTMENTS | |||||
Current Investments Quoted Market Value | 26.17 | 40.91 | 96.4 | 69.11 | 159.98 |
Current Investments Unquoted Book Value | 495.53 | 393.7 | 478.98 | 275.97 | 73.94 |
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
12 mths
12 mths
12 mths
12 mths
12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital
104.5
104.5
104.5
104.5
104.5
Total Share Capital
104.5
104.5
104.5
104.5
104.5
Reserves and Surplus
1,055.38
861.36
745.63
578.09
465.11
Total Reserves and Surplus
1,055.38
861.36
745.63
578.09
465.11
Total Shareholders Funds
1,159.88
965.86
850.13
682.59
569.61
NON-CURRENT LIABILITIES
Long Term Borrowings
0
0
0
0
0
Deferred Tax Liabilities [Net]
15.66
2.46
3.74
0.76
0
Other Long Term Liabilities
9.39
3.93
1.62
1.54
1.17
Long Term Provisions
3.24
5.34
5.38
1.04
2.73
Total Non-Current Liabilities
28.29
11.73
10.74
3.33
3.9
CURRENT LIABILITIES
Short Term Borrowings
0
0
0
0
0
Trade Payables
16.92
13.06
8.19
7.42
5.54
Other Current Liabilities
171.98
137.13
138.85
125.92
59.21
Short Term Provisions
25.96
20.4
18.62
14.18
15.5
Total Current Liabilities
214.86
170.59
165.66
147.52
80.25
Total Capital And Liabilities
1,403.03
1,148.17
1,026.52
833.44
653.75
ASSETS
NON-CURRENT ASSETS
Tangible Assets
300.01
89.27
84.1
67.48
70.71
Intangible Assets
24.28
19.98
18.66
3.46
1.31
Capital Work-In-Progress
0
173.16
0
10.06
0
Other Assets
0
0
0
0
0
Fixed Assets
328.11
283.55
106.56
93.72
72.03
Non-Current Investments
383.08
304.99
141.15
203.72
290.51
Deferred Tax Assets [Net]
0
0
0
0
1
Long Term Loans And Advances
0.02
0.06
0.04
0.05
0.12
Other Non-Current Assets
28.05
24.15
19.16
12.53
11.21
Total Non-Current Assets
739.26
612.74
266.9
310.03
374.86
CURRENT ASSETS
Current Investments
521.7
434.61
575.38
372.43
233.92
Inventories
0
0
0
0
0
Trade Receivables
30.72
23.43
27.75
10.36
12.03
Cash And Cash Equivalents
44.62
58.4
126
114.17
23.85
Short Term Loans And Advances
0.04
0.04
0.05
0.07
0.11
OtherCurrentAssets
66.69
18.94
30.45
26.39
8.98
Total Current Assets
663.76
535.43
759.62
523.41
278.89
Total Assets
1,403.03
1,148.17
1,026.52
833.44
653.75
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities
16.31
26.48
29.04
7.63
0.99
CIF VALUE OF IMPORTS
Raw Materials
0
0
0
0
0
Stores, Spares And Loose Tools
0
0
0
0
0
Trade/Other Goods
0
0
0
0
0
Capital Goods
0
0
0
0
0
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency
0.2
0.24
0.04
0.04
0.3
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency
--
--
--
--
--
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods
--
--
--
--
--
Other Earnings
--
--
--
--
--
BONUS DETAILS
Bonus Equity Share Capital
--
--
--
--
--
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value
99.28
83.58
44.48
138.13
225.46
Non-Current Investments Unquoted Book Value
191.72
129.12
14.36
3.28
2.74
CURRENT INVESTMENTS
Current Investments Quoted Market Value
26.17
40.91
96.4
69.11
159.98
Current Investments Unquoted Book Value
495.53
393.7
478.98
275.97
73.94
This balance sheet is referred to from the Moneycontrol website.
Conclusion
CDSL's share price target is important information for investors looking to figure out the possible future value of the company's shares. While it gives useful information based on financial research, marketplace conditions, and corporate performance, it is important to note that these goals are estimations rather than guarantees. We suggest you, before taking any decision on any investment, do your research and analysis or take advice from a registered financial advisor.
FAQs
1. What is the projected CDSL share for 2024?
CDSL is expected to attain a share price of ₹1,830 in 2024.
2. How has institutional investor interest in CDSL changed recently?
Growing confidence in the company's prospects has led institutional investors, such as mutual funds, FIIs, and FPIs, to expand their shares in CDSL.
3. What factors affect CDSL's share price?
The share price of CDSL can be influenced by several variables, including the company's performance, market trends, investor mood, legislative changes, economic conditions, technical advancements, and industry rivalry for depository services.
4. Where can I find the latest CDSL share price target?
The most recent CDSL share price targets are available via brokerage company reports, stock market applications, websites covering financial news, Bloomberg, Reuters, Moneycontrol, and your broker directly.
5. Is the share price target for CDSL guaranteed?
No, a share price goal is not a guarantee; it is only an estimate. Although it acts as a guide for investors, unanticipated circumstances might cause actual market performance to differ from forecasts.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know on our official email ID, contact [email protected].